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Smiley\u8868\u793a\uff1a\u300c2025\u5e74\u662f\u518d\u9f0e\u91ab\u85e5\u7684\u86fb\u8b8a\u4e4b\u5e74\uff0c\u6211\u5011\u6b63\u5728\u5168\u529b\u63a8\u9032\u5e74\u521d\u5236\u5b9a\u7684\u5404\u9805\u95dc\u9375\u76ee\u6a19\u3002\u5118\u7ba1\u5e74\u521d\u885b\u5049\u8fe6\u53d7\u5230\u5b63\u7bc0\u6027\u56e0\u7d20\u5f71\u97ff\u589e\u901f\u6709\u6240\u653e\u7de9\uff0c\u4f46\u64da\u4f30\u7b97\u6211\u5011\u770b\u5230\u60a3\u8005\u6578\u91cf\u5df2\u57283\u6708\u548c4\u6708\u6709\u6240\u56de\u5347\u3002\u6211\u5011\u9810\u8a08\u63a5\u4e0b\u4f86\u5c07\u6062\u5fa9\u5f37\u52c1\u7684\u74b0\u6bd4\u589e\u9577\u3002\u5c55\u671b\u672a\u4f86\uff0c\u5305\u62ec\u8c9d\u746a\u59a5\u73e0\u55ae\u6297\u548cKarXT\u5728\u5167\u7684\u5f8c\u671f\u7ba1\u7dda\u7522\u54c1\uff0c\u5c07\u8207\u885b\u5049\u8fe6\u5171\u540c\u63a8\u52d5\u516c\u53f8\u696d\u7e3e\u7684\u4e0b\u4e00\u8f2a\u589e\u9577\u3002\u540c\u6642\uff0c\u6211\u5011\u6301\u7e8c\u512a\u5316\u6211\u5011\u7684\u8ca1\u52d9\u72c0\u6cc1\uff0c\u7d93\u71df\u8667\u640d\u540c\u6bd4\u6536\u7a8420%\uff0c\u7d93\u8abf\u6574\u5f8c[1]\u540c\u6bd4\u6536\u7a8425%\uff0c\u6b63\u7a69\u6b65\u9081\u54112025\u5e74\u7b2c\u56db\u5b63\u5ea6\u5be6\u73fe\u76c8\u5229[1]\u7684\u76ee\u6a19\u3002\u6191\u501f\u7a69\u5065\u7684\u73fe\u91d1\u5132\u5099[2]\u3001\u6301\u7e8c\u589e\u9577\u7684\u5546\u696d\u5316\u696d\u52d9\u4ee5\u53ca\u4e0d\u65b7\u64f4\u5c55\u7684\u5168\u7403\u6b0a\u5229\u7ba1\u7dda\uff0c\u518d\u9f0e\u91ab\u85e5\u5df2\u84c4\u52e2\u5f85\u767c\uff0c\u5c07\u628a\u63e1\u591a\u91cd\u767c\u5c55\u6a5f\u9047\uff0c\u70ba\u80a1\u6771\u5275\u9020\u9577\u671f\u50f9\u503c\u3002\u300d<\/p>\n<div>\n<p class=\"prnml4\"> <span class=\"prnews_span\">  <span class=\"prnews_span\"> [1]<\/span>  \u6307\u8abf\u6574\u5f8c\u7684\u7d93\u71df\u6536\u5165\uff08\u8667\u640d\uff09\uff08\u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\uff09\uff0c\u8a08\u7b97\u65b9\u6cd5\u70ba\u5c07\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u7d93\u71df\u6536\u5165\uff08\u8667\u640d\uff09\u7d93\u904e\u6263\u9664\u975e\u73fe\u91d1\u652f\u51fa\uff08\u5305\u62ec\u6298\u820a\u3001\u6524\u92b7\u548c\u4ee5\u80a1\u4efd\u70ba\u57fa\u790e\u7684\u916c\u91d1\uff09\u7684\u8abf\u6574\u3002\u6709\u95dc\u6b64\u8abf\u6574\u5f8c\u7684\u76c8\u5229\u6307\u6a19\u7684\u66f4\u591a\u4fe1\u606f\uff0c\u8acb\u53c3\u95b1\u300c\u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u6307\u6a19\u300d\u90e8\u5206\u3002 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">  <span class=\"prnews_span\"> [2]<\/span>  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\/>\n\u5247\u6a02\uff1a2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u7522\u54c1\u6536\u5165\u6de8\u984d\u70ba4,950\u842c\u7f8e\u5143\uff0c2024\u5e74\u540c\u671f\u70ba4,550\u842c\u7f8e\u5143\uff0c\u5247\u6a02\u7684\u92b7\u552e\u984d\u4f9d\u7136\u5f37\u52c1\u4e26\u7e7c\u7e8c\u4fdd\u6301\u4e2d\u570b\u5167\u5730\u5375\u5de2\u764c\u9818\u57dfPARP\u6291\u5236\u5291\u9662\u5167\u92b7\u552e\u9818\u8ecd\u8005\u5730\u4f4d\u3002<br \/>\n\u7d10\u518d\u6a02\uff1a2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u7522\u54c1\u6536\u5165\u6de8\u984d\u70ba1,510\u842c\u7f8e\u5143\uff0c2024\u5e74\u540c\u671f\u70ba990\u842c\u7f8e\u5143\u3002\u9019\u4e00\u589e\u9577\u662f\u7531\u65bc\u7d10\u518d\u6a02\u5e02\u5834\u8986\u84cb\u7387\u548c\u6ef2\u900f\u7387\u7684\u63d0\u5347\u3002<br \/>\n   2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u7684\u7814\u767c\u958b\u652f\u70ba6,070\u842c\u7f8e\u5143\uff0c2024\u5e74\u540c\u671f\u70ba5,460\u842c\u7f8e\u5143\u3002\u9019\u4e00\u589e\u9577\u4e3b\u8981\u662f\u7531\u65bc\u6839\u64da\u8a31\u53ef\u53ca\u5408\u4f5c\u5354\u8b70\u800c\u652f\u4ed8\u7684\u9810\u4ed8\u6b3e\u9805\u5171\u8a082,000\u842c\u7f8e\u5143\u3002\u5176\u4ed6\u7814\u767c\u958b\u652f\u5247\u7531\u65bc\u8cc7\u6e90\u64c7\u512a\u6392\u5e8f\u548c\u6548\u7387\u63d0\u5347\u800c\u6709\u6240\u4e0b\u964d   2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u7684\u92b7\u552e\u3001\u4e00\u822c\u53ca\u884c\u653f\u958b\u652f\u70ba6,340\u842c\u7f8e\u5143\uff0c 2024\u5e74\u540c\u671f\u70ba6,920\u842c\u7f8e\u5143\u3002\u9019\u4e00\u4e0b\u964d\u4e3b\u8981\u662f\u7531\u65bc\u8cc7\u6e90\u64c7\u512a\u6392\u5e8f\u548c\u6548\u7387\u63d0\u5347\u6240\u5e36\u4f86\u7684\u4eba\u54e1\u6210\u672c\u4e0b\u964d\u3002   2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\uff0c\u7d93\u71df\u8667\u640d\u70ba5,630\u842c\u7f8e\u5143\uff0c\u7d93\u8abf\u6574\u5f8c\u6263\u9664\u6298\u820a\u3001\u6524\u92b7\u548c\u4ee5\u80a1\u4efd\u70ba\u57fa\u790e\u7684\u5831\u916c\u7b49\u975e\u73fe\u91d1\u652f\u51fa\u5f8c\u70ba\u8667\u640d3,710\u842c\u7f8e\u5143\u3002\u672c\u65b0\u805e\u7a3f\u672b\u5c3e\u9644\u6709\u7d93\u71df\u8667\u640d\uff08\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\uff09\u548c\u8abf\u6574\u5f8c\u7684\u7d93\u71df\u8667\u640d\uff08\u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\uff09\u7684\u5c0d\u6bd4\u3002   2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8667\u640d\u6de8\u984d\u70ba4,840\u842c\u7f8e\u5143\uff0c\u6b78\u5c6c\u65bc\u666e\u901a\u80a1\u80a1\u6771\u7684\u6bcf\u80a1\u666e\u901a\u80a1\u8667\u640d0.04\u7f8e\u5143\uff08\u6bcf\u4efd\u7f8e\u570b\u5b58\u6258\u80a1\u4efd\uff08ADS\uff09\u8667\u640d\u70ba0.45\u7f8e\u5143\uff09\uff0c 2024\u5e74\u540c\u671f\u8667\u640d\u6de8\u984d\u70ba5,350\u842c\u7f8e\u5143\uff0c\u6bcf\u80a1\u666e\u901a\u80a1\u8667\u640d0.05\u7f8e\u5143\uff08\u6bcf\u4efdADS\u8667\u640d\u70ba0.55\u7f8e\u5143\uff09\u3002\u8667\u640d\u6de8\u984d\u6e1b\u5c11\u4e3b\u8981\u662f\u7531\u65bc\u7522\u54c1\u6536\u5165\u7684\u589e\u9577\u5feb\u65bc\u904b\u71df\u958b\u652f\u3002\u00a0   \u622a\u81f32025\u5e743\u670831\u65e5\uff0c\u73fe\u91d1\u53ca\u73fe\u91d1\u7b49\u50f9\u7269\u3001\u77ed\u671f\u6295\u8cc7\u548c\u6d41\u52d5\u53d7\u9650\u5236\u73fe\u91d1\u7e3d\u8a08\u70ba8.573\u5104\u7f8e\u5143\uff0c\u622a\u81f32024\u5e7412\u670831\u65e5\u70ba8.797\u5104\u7f8e\u5143\u3002  <\/p>\n<p> \u8fd1\u671f\u7ba1\u7dda\u4eae\u9ede <\/p>\n<p>\u81ea\u4e0a\u6b21\u8ca1\u5831\u767c\u5e03\u4ee5\u4f86\u7684\u91cd\u8981\u7522\u54c1\u9032\u5c55\u5305\u62ec\uff1a<\/p>\n<p>  \u816b\u7624\u9818\u57df\u7ba1\u7dda  <\/p>\n<p> ZL- 1310 (DLL3 ADC):<br \/>\n \u7528\u65bc\u4e8c\u7dda\u53ca\u4ee5\u4e0a ES-SCLC\uff1a2025\u5e744\u6708\uff0c\u518d\u9f0e\u91ab\u85e5\u5ba3\u5e03\uff0c\u4e00\u9805\u6b63\u5728\u9032\u884c\u7684ZL-1310\u7528\u65bcES-SCLC\u7684\u5168\u74031a\/1b\u671f\u81e8\u5e8a\u7814\u7a76\u7684\u6700\u65b0\u6578\u64da\u5c07\u57282025 \u00a0ASCO\u5e74\u6703\u7684\u58c1\u5831\u74b0\u7bc0\u516c\u5e03\u3002\u66f4\u65b0\u7d50\u679c\u5c07\u5305\u62ec\u66f4\u591a\u60a3\u8005\u7684\u6578\u64da\u4ee5\u53ca\u4f86\u81ea\u9019\u4e00\u6b63\u5728\u9032\u884c\u7814\u7a76\u7684\u96a8\u8a2a\u4fe1\u606f\u3002      \u7528\u65bc\u5176\u4ed6\u795e\u7d93\u5167\u5206\u6ccc\u816b\u7624\uff1a2025\u5e744\u6708\uff0c\u518d\u9f0e\u91ab\u85e5\u555f\u52d5\u4e86\u4e00\u9805\u91dd\u5c0d\u7279\u5b9a\u5be6\u9ad4\u7624\u7684\u5168\u74031\/2\u671f\u81e8\u5e8a\u7814\u7a76\uff0c\u4ee5\u63a2\u7d22\u5176\u5728ES-SCLC\u4ee5\u5916\u9818\u57df\u7684\u6cbb\u7642\u6f5b\u529b\u3002<br \/>\n    \u7dad\u66ff\u7d22\u59a5\u5c24\u55ae\u6297\uff08 TIVDAK \uff0c \u7d44\u7e54\u56e0\u5b50 ADC \uff09\uff1a2025\u5e743\u6708\uff0c\u570b\u5bb6\u85e5\u54c1\u76e3\u7763\u7ba1\u7406\u5c40\uff08NMPA\uff09\u53d7\u7406\u4e86\u7dad\u66ff\u7d22\u59a5\u5c24\u55ae\u6297\u7528\u65bc\u6cbb\u7642\u5168\u8eab\u6cbb\u7642\u671f\u9593\u6216\u4e4b\u5f8c\u75c5\u60c5\u9032\u5c55\u7684\u5fa9\u767c\u6216\u8f49\u79fb\u6027\u5bae\u9838\u764c\u60a3\u8005\u7684\u751f\u7269\u88fd\u54c1\u4e0a\u5e02\u8a31\u53ef\u7533\u8acb\uff08BLA\uff09\u3002\u5982\u679c\u7372\u6279\uff0c\u518d\u9f0e\u91ab\u85e5\u5c07\u5229\u7528\u5176\u5728\u5973\u6027\u816b\u7624\u9818\u57df\u73fe\u6709\u7684\u5247\u6a02\u7684\u5546\u696d\u5316\u57fa\u790e\uff0c\u52a0\u901f\u5c07\u5176\u60e0\u53ca\u4e2d\u570b\u60a3\u8005\u3002    \u816b\u7624\u96fb\u5834\u6cbb\u7642\uff08 TTFields \uff09\uff1a2025\u5e744\u6708\uff0c\u518d\u9f0e\u91ab\u85e5\u5408\u4f5c\u4f19\u4f34Novocure\u5ba3\u5e03\uff0c\u91dd\u5c0d\u80f0\u817a\u764c\u76843\u671f\u7814\u7a76PANOVA-3\u7684\u66f4\u591a\u7d50\u679c\u5c07\u57282025 ASCO\u5e74\u6703\u4e0a\u4f5c\u70ba\u6700\u65b0\u7a81\u7834\u6027\u53e3\u982d\u5831\u544a\u767c\u5e03\u3002\u518d\u9f0e\u91ab\u85e5\u5728\u5927\u4e2d\u83ef\u5340\uff08\u4e2d\u570b\u5167\u5730\uff0c\u9999\u6e2f\uff0c\u6fb3\u9580\u548c\u53f0\u7063\u5730\u5340\u7684\u7d71\u7a31\uff09\u53c3\u8207\u4e86\u9019\u4e00\u7814\u7a76\uff0c\u4e26\u8a08\u5283\u65bc2025\u5e74\u5728\u4e2d\u570b\u63d0\u4ea4\u4e0a\u5e02\u8a31\u53ef\u7533\u8acb\u3002    \u745e\u666e\u66ff\u5c3c\uff08 ROS1\/TRK \uff09\uff1a2025\u5e744\u6708\uff0cNMPA\u53d7\u7406\u4e86\u745e\u666e\u66ff\u5c3c\u7528\u65bc\u6cbb\u7642NTRK\u967d\u6027\u5be6\u9ad4\u7624\u60a3\u8005\u7684\u88dc\u5145\u65b0\u85e5\u4e0a\u5e02\u7533\u8acb\uff08sNDA\uff09\u3002\u745e\u666e\u66ff\u5c3c\u6709\u671b\u6210\u70ba\u7528\u65bc\u5ee3\u6cdb\u7684NTRK\u878d\u5408\u967d\u6027\u5be6\u9ad4\u7624\u60a3\u8005\u7684\u65b0\u4e00\u4ee3TKI\uff0c\u5305\u62ecTKI\u521d\u6cbb\u548cTKI\u7d93\u6cbb\u7684\u60a3\u8005\u3002    ZL-6201 \uff08 LRRC15 ADC \uff09\uff1a2025\u5e744\u6708\uff0c\u518d\u9f0e\u91ab\u85e5\u57282025\u5e74\u7f8e\u570b\u764c\u75c7\u7814\u7a76\u5354\u6703\uff08AACR\uff09\u5e74\u6703\u4e0a\u516c\u5e03\u4e86ZL-6201\u7684\u65b0\u6578\u64da\u3002\u7814\u7a76\u7d50\u679c\u8868\u660e\uff0cZL-6201\u80fd\u5920\u5728\u816b\u7624\u7d30\u80de\u5167\u9ad8\u6548\u5167\u5316\u4e26\u6bba\u6b7b\u816b\u7624\u7d30\u80de\uff0c\u540c\u6642\u5728\u9776\u9ede\u5e38\u6709\u8868\u9054\u7684\u816b\u7624\u5fae\u74b0\u5883\u4e2d\u5c55\u73fe\u51fa\u986f\u8457\u7684\u65c1\u89c0\u8005\u6bba\u50b7\u6548\u61c9\u3002\u57fa\u65bc\u9019\u4e9b\u7814\u7a76\u7d50\u679c\uff0c\u518d\u9f0e\u91ab\u85e5\u8a08\u5283\u65bc2025\u5e74\u555f\u52d5ZL-6201\u7684\u65b0\u85e5\u81e8\u5e8a\u7814\u7a76\u7533\u8acb\uff08IND\uff09\u652f\u6301\u6027\u7814\u7a76\uff0c\u63a2\u7d22\u5176\u4f5c\u70ba\u6f5b\u5728\u7642\u6cd5\u7528\u65bc\u8089\u7624\u53ca\u5176\u4ed6LRRC15\u967d\u6027\u5be6\u9ad4\u7624\uff08\u5982\u4e73\u817a\u764c\u548c\u5176\u4ed6\u60e1\u6027\u816b\u7624\uff09\u7684\u6cbb\u7642\u3002    ZL-1222 \uff08 PD-1\/IL-12 \uff09\uff1a2025\u5e744\u6708\uff0c\u518d\u9f0e\u91ab\u85e5\u57282025 AACR\u5e74\u6703\u4e0a\u516c\u5e03\u4e86\u76f8\u95dc\u6578\u64da\uff0c\u9996\u6b21\u516c\u958b\u62ab\u9732\u4e86\u9019\u4e00\u5168\u7403\u6b0a\u5229\u7ba1\u7dda\u3002\u81e8\u5e8a\u524d\u7814\u7a76\u7d50\u679c\u986f\u793a\uff0cZL-1222\u5728\u6297PD-1\u6297\u9ad4\u654f\u611f\u548c\u8010\u85e5\u7684\u816b\u7624\u6a21\u578b\u4e2d\u5747\u5c55\u73fe\u51fa\u5f37\u6548\u6297\u816b\u7624\u6d3b\u6027\uff0c\u4e26\u5177\u6709\u66f4\u9ad8\u7684\u5168\u8eab\u5b89\u5168\u6027\u3002\u9019\u4e9b\u7d50\u679c\u8868\u660e\uff0c\u8a72\u85e5\u7269\u6709\u671b\u70ba\u5c0d\u73fe\u6709\u6297\u816b\u7624\u514d\u75ab\u7642\u6cd5\u7121\u61c9\u7b54\u6216\u8010\u85e5\u7684\u60a3\u8005\u5e36\u4f86\u7372\u76ca\u3002  <\/p>\n<p>  \u514d\u75ab\u9818\u57df\u7ba1\u7dda  <\/p>\n<p> \u827e\u52a0\u83ab\u5fb7\uff08 FcRn \uff09\uff1a2025\u5e744\u6708\uff0c\u518d\u9f0e\u91ab\u85e5\u5408\u4f5c\u4f19\u4f34argenx\u5ba3\u5e03\uff0c\u7f8e\u570b\u98df\u54c1\u85e5\u54c1\u76e3\u7763\u7ba1\u7406\u5c40\uff08FDA\uff09\u5df2\u6279\u51c6\u827e\u52a0\u83ab\u5fb7\u9810\u5145\u5f0f\u76ae\u4e0b\u6ce8\u5c04\uff08PFS\uff09\u5291\u578b\u7528\u65bcgMG\u548c\u6162\u6027\u708e\u6027\u812b\u9ad3\u9798\u6027\u591a\u767c\u6027\u795e\u7d93\u6839\u795e\u7d93\u75c5\uff08CIDP\uff09\u60a3\u8005\u7684\u81ea\u6211\u7d66\u85e5\u3002\u9019\u662f\u8a72\u7522\u54c1\u7684\u7b2c\u4e09\u7a2e\u7d66\u85e5\u65b9\u6848\uff0c\u70ba\u60a3\u8005\u63d0\u4f9b\u4e86\u66f4\u9748\u6d3b\u4fbf\u6377\u7684\u6cbb\u7642\u9078\u64c7\u3002\u518d\u9f0e\u91ab\u85e5\u8a08\u5283\u65bc2025\u5e74\u5728\u4e2d\u570b\u63d0\u4ea4\u9019\u4e00\u5291\u578b\u7528\u65bc\u4e0a\u8ff0\u9069\u61c9\u8b49\u7684\u5316\u5b78\u6210\u5206\u751f\u7522\u8207\u63a7\u5236\uff08CMC\uff09\u8b8a\u66f4\u7533\u8acb\u3002    ZL-1102 \uff08 IL-17 HumabodyR \uff09\uff1a\u57fa\u65bc\u5c0d\u9996\u627940\u4f8b\u5165\u7d44\u60a3\u8005\u4e2d\u671f\u5206\u6790\u6578\u64da\u7684\u5168\u9762\u8a55\u4f30\uff0c\u4ee5\u53ca\u7368\u7acb\u6578\u64da\u5b89\u5168\u76e3\u67e5\u59d4\u54e1\u6703\u7684\u5efa\u8b70\uff0c\u518d\u9f0e\u91ab\u85e5\u6c7a\u5b9a\u7d42\u6b62ZL-1102\u7684\u5168\u74032\u671f\u81e8\u5e8a\u7814\u7a76\u3002    Povetacicept \uff08 APRIL\/BAFF \uff09\uff1a\u518d\u9f0e\u91ab\u85e5\u5408\u4f5c\u4f19\u4f34Vertex\u5df2\u5b8c\u6210\u5168\u74033\u671fRAINIER\u7814\u7a76\u4e2d\u91dd\u5c0dIgA\u814e\u75c5\u60a3\u8005\u7684\u671f\u4e2d\u5206\u6790\u968a\u5217\u5165\u7d44\u3002\u518d\u9f0e\u91ab\u85e5\u5728\u5927\u4e2d\u83ef\u5340\u53c3\u8207\u4e86\u8a72\u7814\u7a76\u3002  <\/p>\n<p> 2025 \u5e74\u7684\u9810\u671f\u91cd\u8981\u91cc\u7a0b\u7891\u4e8b\u4ef6 <\/p>\n<p>  \u6709\u671b\u8fd1\u671f\u5411   NMPA   \u63d0\u4ea4\u7684\u7533\u8acb  <\/p>\n<p> \u8c9d\u746a\u59a5\u73e0\u55ae\u6297\uff08 FGFR2b \uff09\uff1a\u63d0\u4ea4\u7528\u65bc\u4e00\u7dda\u80c3\u764c\u6cbb\u7642\u7684BLA\u3002    \u816b\u7624\u96fb\u5834\u6cbb\u7642\uff1a\u63d0\u4ea4\u7528\u65bc\u4e00\u7dda\u80f0\u817a\u764c\u6cbb\u7642\u7684\u4e0a\u5e02\u8a31\u53ef\u7533\u8acb\u3002    \u827e\u52a0\u83ab\u5fb7\uff08 FcRn \uff09\uff1a\u63d0\u4ea4PFS\u5291\u578b\u7528\u65bcgMG\u548cCIDP\u7684CMC\u8b8a\u66f4\u7533\u8acb  <\/p>\n<p>  \u9810\u671f\u7684\u81e8\u5e8a\u958b\u767c\u548c\u6578\u64da\u516c\u5e03  <\/p>\n<p>  \u5168\u7403\u6b0a\u5229\u7ba1\u7dda  <\/p>\n<p> ZL- 1310 (DLL3 ADC) <\/p>\n<p> \u7528\u65bc\u4e8c\u7dda\u53ca\u4ee5\u4e0a ES-SCLC\uff1a\u518d\u9f0e\u91ab\u85e5\u5c07\u65bc2025\u5e746\u67082\u65e5\u57282025\u00a0ASCO\u5e74\u6703\u4e0a\u516c\u5e03\u6700\u65b0\u6578\u64da\uff0c\u4e26\u8a08\u5283\u57282025\u5e74\u4e0b\u534a\u5e74\u555f\u52d5\u4e00\u9805\u95dc\u9375\u6027\u7814\u7a76\u3002    \u7528\u65bc\u4e00\u7dda ES-SCLC\uff1a\u518d\u9f0e\u91ab\u85e5\u5c07\u516c\u5e03ZL-1310\u806f\u7528\u963f\u66ff\u5229\u73e0\u55ae\u6297\u7684\u5291\u91cf\u905e\u589e\u7814\u7a76\u6578\u64da\u3002  <\/p>\n<p> ZL-1503 (IL-13\/IL-31R) <\/p>\n<p>\u518d\u9f0e\u91ab\u85e5\u5c07\u516c\u5e03\u6700\u65b0\u81e8\u5e8a\u524d\u6578\u64da\uff0c\u4e26\u63a8\u9032\u81f3\u7528\u65bc\u4e2d\u91cd\u5ea6\u7279\u61c9\u6027\u76ae\u708e\u7684\u5168\u74031\u671f\u81e8\u5e8a\u7814\u7a76\u3002  <\/p>\n<p> ZL- 6201 (LRRC15 ADC) <\/p>\n<p>\u518d\u9f0e\u91ab\u85e5\u5c07\u555f\u52d5\u7528\u65bc\u8089\u7624\u53ca\u5176\u4ed6\u6f5b\u5728LRRC15\u967d\u6027\u5be6\u9ad4\u7624\uff08\u5982\u4e73\u817a\u764c\u7b49\u60e1\u6027\u816b\u7624\uff09\u7684\u5168\u74031\u671f\u81e8\u5e8a\u958b\u767c\u3002  <\/p>\n<p>  \u5340\u57df\u6b0a\u5229\u7ba1\u7dda  <\/p>\n<p> \u8c9d\u746a\u59a5\u73e0\u55ae\u6297 (FGFR2b) <\/p>\n<p>\u518d\u9f0e\u91ab\u85e5\u5408\u4f5c\u4f19\u4f34\u5b89\u9032\u5c07\u57282025\u5e74\u7b2c\u4e8c\u5b63\u5ea6\u516c\u5e033\u671f\u7814\u7a76FORTITUDE-101\u7684\u6578\u64da\uff0c\u8a72\u7814\u7a76\u65e8\u5728\u63a2\u7d22\u8c9d\u746a\u59a5\u73e0\u55ae\u6297\u806f\u5408\u5316\u7642\u5c0d\u6bd4\u5316\u7642\u55ae\u85e5\u7528\u65bc\u80c3\u764c\u4e00\u7dda\u6cbb\u7642\u3002\u518d\u9f0e\u91ab\u85e5\u5728\u5927\u4e2d\u83ef\u5340\u53c3\u8207\u4e86\u9019\u9805\u7814\u7a76\u3002   \u518d\u9f0e\u91ab\u85e5\u5408\u4f5c\u4f19\u4f34\u5b89\u9032\u5c07\u57282025\u5e74\u4e0b\u534a\u5e74\u516c\u5e033\u671f\u7814\u7a76FORTITUDE-102\u7684\u6578\u64da\uff0c\u8a72\u7814\u7a76\u65e8\u5728\u63a2\u7d22\u8c9d\u746a\u59a5\u73e0\u55ae\u6297\u806f\u5408\u5316\u7642\u548c\u7d0d\u6b66\u5229\u5c24\u55ae\u6297\u5c0d\u6bd4\u5316\u7642\u806f\u5408\u7d0d\u6b66\u5229\u5c24\u55ae\u6297\u7528\u65bc\u80c3\u764c\u4e00\u7dda\u6cbb\u7642\u3002\u518d\u9f0e\u91ab\u85e5\u5728\u5927\u4e2d\u83ef\u5340\u53c3\u8207\u4e86\u9019\u9805\u7814\u7a76\u3002  <\/p>\n<p> \u546b\u8afe\u7f8e\u6797\u66f2\u53f8\u6c2f\u92a8 (KarXT) \uff08 M1\/M4 \u578b\u6bd2\u8548\u9e7c\u4e59\u9170\u81bd\u9e7c\u53d7\u9ad4\u6fc0\u52d5\u5291\uff09 <\/p>\n<p>\u518d\u9f0e\u91ab\u85e5\u5408\u4f5c\u4f19\u4f34\u767e\u6642\u7f8e\u65bd\u8cb4\u5bf6\uff08BMS\uff09\u5c07\u57282025\u5e74\u4e0b\u534a\u5e74\u516c\u5e03KarXT\u7528\u65bc\u963f\u723e\u8328\u6d77\u9ed8\u75c7\u7cbe\u795e\u75c5\u6027\u969c\u7919\u76843\u671f\u7814\u7a76ADEPT-2\u7684\u6578\u64da\u3002\u518d\u9f0e\u91ab\u85e5\u5728\u5927\u4e2d\u83ef\u5340\u53c3\u8207\u4e86\u9019\u9805\u7814\u7a76\u3002  <\/p>\n<p> \u827e\u52a0\u83ab\u5fb7\uff08 FcRn \uff09 <\/p>\n<p> \u8840\u6e05\u9670\u6027 gMG\uff1a\u518d\u9f0e\u91ab\u85e5\u5408\u4f5c\u4f19\u4f34argenx\u5c07\u516c\u5e03\u7528\u65bc\u8840\u6e05\u9670\u6027gMG\u76843\u671f\u7684ADAPT-SERON\u7814\u7a76\u7684\u4e3b\u8981\u7d50\u679c\u3002\u518d\u9f0e\u91ab\u85e5\u5728\u5927\u4e2d\u83ef\u5340\u53c3\u8207\u4e86\u9019\u9805\u7814\u7a76\u3002    \u72fc\u7621\u6027\u814e\u708e\uff08LN\uff09\uff1a\u518d\u9f0e\u91ab\u85e5\u5c07\u516c\u5e03\u7528\u65bcLN\u76842\u671f\u7814\u7a76\u7684\u4e3b\u8981\u7d50\u679c\u3002  <\/p>\n<p> Povetacicept (APRIL\/BAFF) <\/p>\n<p> \u539f\u767c\u6027\u819c\u6027\u814e\u75c5\uff08 pMN \uff09\uff1a\u518d\u9f0e\u91ab\u85e5\u8a08\u5283\u8207\u5408\u4f5c\u4f19\u4f34Vertex\u5408\u4f5c\uff0c\u5728\u5927\u4e2d\u83ef\u5340\u958b\u5c55povetacicept\u7528\u65bcpMN\u7684\u5168\u7403\u95dc\u9375\u60272\/3\u671f\u7814\u7a76\u3002  <\/p>\n<p> \u96fb\u8a71\u6703\u8b70\u548c\u7db2\u7d61\u76f4\u64ad\u76f8\u95dc\u4fe1\u606f <\/p>\n<p>\u518d\u9f0e\u91ab\u85e5\u5c07\u65bc\u4eca\u5929\uff082025\u5e745\u67088\u65e5\uff09\u7f8e\u570b\u6771\u90e8\u6642\u9593\u4e0a\u53488\u9ede\uff08\u9999\u6e2f\u6642\u9593\u665a\u4e0a8\u9ede\uff09\u8209\u884c\u96fb\u8a71\u6703\u8b70\u548c\u7db2\u7d61\u76f4\u64ad\u3002\u8207\u6703\u8005\u53ef\u4ee5\u8a2a\u554f\u516c\u53f8\u7db2\u7ad9<a href=\"http:\/\/ir.zailaboratory.com\/\" target=\"_blank\" rel=\"noopener\">http:\/\/ir.zailaboratory.com<\/a>\u53c3\u8207\u5be6\u6642\u7db2\u7d61\u76f4\u64ad\u3002\u5982\u8981\u53c3\u52a0\u96fb\u8a71\u6703\u8b70\uff0c\u9700\u63d0\u524d\u8a3b\u518a\u3002\u00a0<\/p>\n<p>\u8a3b\u518a\u93c8\u63a5\u7684\u8a73\u7d30\u4fe1\u606f\u5982\u4e0b\uff1a\u00a0<\/p>\n<p>\u7db2\u7d61\u76f4\u64ad\uff1a<a href=\"https:\/\/apc01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fedge.media-server.com%2Fmmc%2Fp%2Fpwq4a9of&amp;data=05%7C02%7Cella.Liu%40zailaboratory.com%7Cb372fbed3b1b4c925cd008dd766b27c8%7C499be6a20e6448faa9410b8bd302004a%7C0%7C0%7C638796925401499942%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=E%2BcAaO0DO2%2FENEb6s1my%2FiHYaCbxqDoUqSQQA491viY%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener\">https:\/\/edge.media-server.com\/mmc\/p\/pwq4a9of<\/a><br \/>\n   \u96fb\u8a71\u64a5\u5165\uff1a<a href=\"https:\/\/apc01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fregister-conf.media-server.com%2Fregister%2FBIb40d2ed331c84e39982d7fe2b6ed496f&amp;data=05%7C02%7Cella.Liu%40zailaboratory.com%7Cb372fbed3b1b4c925cd008dd766b27c8%7C499be6a20e6448faa9410b8bd302004a%7C0%7C0%7C638796925401510194%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=fmvPX1dWX8craogxNs9O0VTfN4X%2BNEeNMIv8ANs308k%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener\">https:\/\/register-conf.media-server.com\/register\/BIb40d2ed331c84e39982d7fe2b6ed496f<\/a><\/p>\n<p>\u6240\u6709\u8207\u6703\u8005\u90fd\u5fc5\u9808\u5728\u96fb\u8a71\u6703\u8b70\u4e4b\u524d\u901a\u904e\u4e0a\u65b9\u93c8\u63a5\u5b8c\u6210\u5728\u7dda\u8a3b\u518a\u6d41\u7a0b\u3002\u8a3b\u518a\u5b8c\u6210\u5f8c\uff0c\u60a8\u5c07\u6536\u5230\u5167\u542b\u64a5\u865f\u8a73\u60c5\u7684\u78ba\u8a8d\u90f5\u4ef6\u3002\u00a0<\/p>\n<p>\u6703\u8b70\u7d50\u675f\u5f8c\uff0c\u60a8\u53ef\u901a\u904e\u8a2a\u554f\u518d\u9f0e\u91ab\u85e5\u7db2\u7ad9\u89c0\u770b\u56de\u653e\u3002\u00a0<\/p>\n<p> \u95dc\u65bc\u518d\u9f0e\u91ab\u85e5 <\/p>\n<p>\u518d\u9f0e\u91ab\u85e5\uff08\u7d0d\u65af\u9054\u514b\u80a1\u7968\u4ee3\u78bc\uff1aZLAB\uff1b\u9999\u6e2f\u806f\u4ea4\u6240\u80a1\u4efd\u4ee3\u865f\uff1a9688\uff09\u662f\u4e00\u5bb6\u4ee5\u7814\u767c\u70ba\u57fa\u790e\u3001\u8655\u65bc\u5546\u696d\u5316\u968e\u6bb5\u7684\u5275\u65b0\u578b\u751f\u7269\u88fd\u85e5\u516c\u53f8\uff0c\u7e3d\u90e8\u4f4d\u65bc\u4e2d\u570b\u548c\u7f8e\u570b\u3002\u6211\u5011\u81f4\u529b\u65bc\u901a\u904e\u5275\u65b0\u7522\u54c1\u7684\u767c\u73fe\u3001\u958b\u767c\u548c\u5546\u696d\u5316\u89e3\u6c7a\u816b\u7624\u3001\u514d\u75ab\u3001\u795e\u7d93\u79d1\u5b78\u548c\u611f\u67d3\u6027\u75be\u75c5\u9818\u57df\u672a\u88ab\u6eff\u8db3\u7684\u5de8\u5927\u91ab\u7642\u9700\u6c42\u3002\u6211\u5011\u7684\u76ee\u6a19\u662f\u5229\u7528\u6211\u5011\u7684\u80fd\u529b\u548c\u8cc7\u6e90\u52aa\u529b\u4fc3\u9032\u4e2d\u570b\u53ca\u5168\u4e16\u754c\u4eba\u985e\u7684\u5065\u5eb7\u798f\u7949\u3002\u00a0<\/p>\n<p>\u6709\u95dc\u518d\u9f0e\u91ab\u85e5\u7684\u66f4\u591a\u4fe1\u606f\uff0c\u8acb\u8a2a\u554f<a href=\"https:\/\/www.zailaboratory.com\/\" target=\"_blank\" rel=\"noopener\">www.zailaboratory.com<\/a>\u6216\u95dc\u6ce8<a href=\"https:\/\/x.com\/ZaiLab_Global\" target=\"_blank\" rel=\"noopener\">https:\/\/x.com\/ZaiLab_Global<\/a>\u3002\u00a0<\/p>\n<p> \u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u6307\u6a19\u00a0<\/p>\n<p>\u9664\u4e86\u6839\u64da\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u5448\u73fe\u7684\u696d\u7e3e\u5916\uff0c\u6211\u5011\u9084\u62ab\u9732\u4e86\u7d93\u8abf\u6574\u7684\u589e\u9577\u7387\uff0c\u4ee5\u6392\u9664\u7531\u65bc\u5916\u5e63\u6298\u7b97\u70ba\u7f8e\u5143\u7522\u751f\u5dee\u7570\u7684\u5f71\u97ff\u3002\u6211\u5011\u9084\u63d0\u4f9b\u4e86\u8abf\u6574\u5f8c\u7684\u7d93\u71df\u8667\u640d\u6307\u6a19\uff0c\u8a72\u6307\u6a19\u5c0d\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u7d93\u71df\u8667\u640d\u9032\u884c\u4e86\u8abf\u6574\uff0c\u4ee5\u6392\u9664\u67d0\u4e9b\u975e\u73fe\u91d1\u652f\u51fa\uff08\u5305\u62ec\u6298\u820a\u6524\u92b7\u4ee5\u53ca\u4ee5\u80a1\u4efd\u70ba\u57fa\u790e\u7684\u916c\u91d1\uff09\u7684\u5f71\u97ff\u3002\u6211\u5011\u7a31\u4e4b\u70ba\u300c\u5be6\u73fe\u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u7d93\u71df\u5229\u6f64\u76c8\u5229\u300d\u3002\u9019\u4e9b\u8abf\u6574\u5f8c\u7684\u589e\u9577\u7387\u548c\u8abf\u6574\u5f8c\u7684\u7d93\u71df\u8667\u640d\u662f\u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u6307\u6a19\u3002\u6211\u5011\u8a8d\u70ba\u9019\u4e9b\u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u5c0d\u65bc\u4e86\u89e3\u6211\u5011\u7684\u7d93\u71df\u696d\u7e3e\u548c\u8ca1\u52d9\u696d\u7e3e\u975e\u5e38\u91cd\u8981\uff0c\u4e26\u70ba\u6295\u8cc7\u8005\u63d0\u4f9b\u4e86\u8da8\u52e2\u7684\u66f4\u591a\u8996\u89d2\u3002\u5118\u7ba1\u6211\u5011\u8a8d\u70ba\u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u8ca1\u52d9\u6307\u6a19\u53ef\u4ee5\u589e\u5f37\u6295\u8cc7\u8005\u5c0d\u6211\u5011\u696d\u52d9\u548c\u696d\u7e3e\u7684\u4e86\u89e3\uff0c\u4f46\u9019\u4e9b\u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u8ca1\u52d9\u6307\u6a19\u4e0d\u61c9\u88ab\u8996\u70ba\u96a8\u9644\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u8ca1\u52d9\u6307\u6a19\u7684\u552f\u4e00\u66ff\u4ee3\u6307\u6a19\u3002\u00a0<\/p>\n<p> \u518d\u9f0e\u91ab\u85e5\u524d\u77bb\u6027\u8072\u660e <\/p>\n<p>\u672c\u65b0\u805e\u7a3f\u5305\u542b\u4e86\u8207\u4ee5\u4e0b\u65b9\u9762\u76f8\u95dc\u7684\u524d\u77bb\u6027\u9673\u8ff0\uff0c\u5305\u62ec\uff1a\u6211\u5011\u7684\u7b56\u7565\u548c\u8a08\u5283\uff1b\u6211\u5011\u7684\u696d\u52d9\u3001\u5546\u696d\u5316\u7522\u54c1\u548c\u7ba1\u7dda\u9805\u76ee\u7684\u6f5b\u529b\u548c\u9810\u671f\uff1b\u6211\u5011\u7684\u76ee\u6a19\u3001\u76ee\u7684\u548c\u91cd\u9ede\u4e8b\u9805\u4ee5\u53ca\u6211\u5011\u57fa\u65bc\u589e\u9577\u6230\u7565\u7684\u9810\u671f\uff08\u5305\u62ec\u6211\u5011\u5c0d\u5546\u696d\u5316\u7522\u54c1\u548c\u4e0a\u5e02\u3001\u81e8\u5e8a\u968e\u6bb5\u7522\u54c1\u3001\u6536\u5165\u589e\u9577\u3001\u76c8\u5229\u80fd\u529b\u548c\u73fe\u91d1\u6d41\u7684\u9810\u671f\uff09\uff1b\u81e8\u5e8a\u958b\u767c\u8a08\u5283\u548c\u76f8\u95dc\u81e8\u5e8a\u7814\u7a76\uff1b\u81e8\u5e8a\u7814\u7a76\u6578\u64da\u3001\u6578\u64da\u89e3\u8b80\u548c\u767c\u5e03\uff1b\u8207\u85e5\u7269\u958b\u767c\u548c\u5546\u696d\u5316\u76f8\u95dc\u7684\u98a8\u96aa\u548c\u4e0d\u78ba\u5b9a\u6027\uff1b\u8a3b\u518a\u76f8\u95dc\u7684\u8a0e\u8ad6\u3001\u63d0\u4ea4\u3001\u7533\u8acb\u3001\u7372\u6279\u548c\u6642\u9593\u7dda\uff1b\u6211\u5011\u53ca\u6211\u5011\u5408\u4f5c\u4f19\u4f34\u7684\u7522\u54c1\u548c\u5019\u9078\u7522\u54c1\u7684\u6f5b\u5728\u88e8\u76ca\u3001\u5b89\u5168\u6027\u548c\u7642\u6548\uff1b\u6295\u8cc7\u3001\u5408\u4f5c\u548c\u696d\u52d9\u62d3\u5c55\u6d3b\u52d5\u7684\u9810\u671f\u6536\u76ca\u548c\u6f5b\u529b\uff1b\u6211\u5011\u7684\u76c8\u5229\u80fd\u529b\u548c\u5be6\u73fe\u76c8\u5229\u7684\u6642\u9593\u7dda\uff1b\u6211\u5011\u672a\u4f86\u7684\u8ca1\u52d9\u548c\u7d93\u71df\u696d\u7e3e\uff1b\u4ee5\u53ca\u8ca1\u52d9\u6307\u5c0e\uff08\u5305\u62ec\u6211\u5011\u8a08\u5283\u7684\u73fe\u91d1\u4f86\u6e90\u548c\u7528\u9014\uff0c\u4ee5\u53ca\u6211\u5011\u9810\u671f\u5be6\u73fe\u76c8\u5229\u7684\u9014\u5f91\uff09\u3002\u9664\u5c0d\u904e\u5f80\u4e8b\u5be6\u7684\u9673\u8ff0\u5916\uff0c\u672c\u65b0\u805e\u7a3f\u4e2d\u5305\u542b\u7684\u6240\u6709\u9673\u8ff0\u5747\u5c6c\u524d\u77bb\u6027\u9673\u8ff0\uff0c\u4e26\u53ef\u901a\u904e\u8af8\u5982\u300c\u65e8\u5728\u300d\u3001\u300c\u9810\u8a08\u300d\u3001\u300c\u8a8d\u70ba\u300d\u3001\u300c\u6709\u53ef\u80fd\u300d\u3001\u300c\u4f30\u8a08\u300d\u3001\u300c\u9810\u671f\u300d\u3001\u300c\u9810\u6e2c\u300d\u3001\u300c\u76ee\u6a19\u300d\u3001\u300c\u6253\u7b97\u300d\u3001\u300c\u53ef\u80fd\u300d\u3001\u300c\u8a08\u5283\u300d\u3001\u300c\u6e96\u5099\u300d\u3001\u300c\u5b9a\u4f4d\u300d\u3001\u300c\u53ef\u80fd\u7684\u300d\u3001\u300c\u6f5b\u5728\u300d\u3001\u300c\u5c07\u6703\u300d\u3001\u300c\u5c07\u8981\u300d\u7b49\u8a5e\u532f\u548c\u5176\u4ed6\u985e\u4f3c\u8868\u8ff0\u4e88\u4ee5\u8b58\u5225\u3002\u8a72\u7b49\u9673\u8ff0\u69cb\u6210\u300a1995\u5e74\u7f8e\u570b\u79c1\u4eba\u8b49\u5238\u8a34\u8a1f\u6539\u9769\u6cd5\u6848\u300b\u4e2d\u5b9a\u7fa9\u7684\u300c\u524d\u77bb\u6027\u9673\u8ff0\u300d\u3002\u524d\u77bb\u6027\u9673\u8ff0\u4e26\u975e\u5c0d\u672a\u4f86\u8868\u73fe\u7684\u64d4\u4fdd\u6216\u4fdd\u8b49\u3002\u524d\u77bb\u6027\u9673\u8ff0\u57fa\u65bc\u6211\u5011\u622a\u81f3\u672c\u65b0\u805e\u7a3f\u767c\u5e03\u4e4b\u65e5\u7684\u9810\u671f\u548c\u5047\u8a2d\uff0c\u4e26\u4e14\u53d7\u5230\u56fa\u6709\u4e0d\u78ba\u5b9a\u6027\u3001\u98a8\u96aa\u4ee5\u53ca\u53ef\u80fd\u8207\u524d\u77bb\u6027\u9673\u8ff0\u6240\u9810\u671f\u7684\u60c5\u6cc1\u5b58\u5728\u91cd\u5927\u5dee\u7570\u7684\u60c5\u52e2\u8b8a\u66f4\u7684\u5f71\u97ff\u3002\u5c0d\u65bc\u6211\u5011\u5728\u524d\u77bb\u6027\u9673\u8ff0\u4e2d\u62ab\u9732\u7684\u8a08\u5283\u3001\u610f\u5716\u3001\u9810\u671f\u6216\u9810\u6e2c\uff0c\u6211\u5011\u53ef\u80fd\u7121\u6cd5\u5be6\u969b\u5be6\u73fe\u3001\u57f7\u884c\u6216\u6eff\u8db3\uff0c\u8acb\u52ff\u904e\u5206\u4f9d\u8cf4\u6b64\u7b49\u524d\u77bb\u6027\u9673\u8ff0\u3002\u5be6\u969b\u7d50\u679c\u53ef\u80fd\u53d7\u5404\u7a2e\u91cd\u8981\u56e0\u7d20\u7684\u5f71\u97ff\u800c\u8207\u524d\u77bb\u6027\u9673\u8ff0\u6240\u793a\u5b58\u5728\u91cd\u5927\u5dee\u7570\uff0c\u8a72\u7b49\u56e0\u7d20\u5305\u62ec\u4f46\u4e0d\u9650\u65bc\uff1a(1)\u6211\u5011\u6210\u529f\u5546\u696d\u5316\u81ea\u8eab\u5df2\u7372\u6279\u4e0a\u5e02\u7522\u54c1\u4e26\u5f9e\u4e2d\u7522\u751f\u6536\u5165\u7684\u80fd\u529b\uff1b(2)\u6211\u5011\u70ba\u81ea\u8eab\u7684\u904b\u71df\u548c\u696d\u52d9\u6d3b\u52d5\u7372\u53d6\u8cc7\u91d1\u7684\u80fd\u529b\uff1b(3)\u6211\u5011\u5019\u9078\u7522\u54c1\u7684\u81e8\u5e8a\u958b\u767c\u548c\u81e8\u5e8a\u524d\u958b\u767c\u7684\u7d50\u679c\uff1b(4)\u76f8\u95dc\u76e3\u7ba1\u6a5f\u69cb\u5c0d\u6211\u5011\u7684\u5019\u9078\u7522\u54c1\u4f5c\u51fa\u5be9\u6279\u6c7a\u5b9a\u7684\u5167\u5bb9\u548c\u6642\u9593\uff1b(5)\u8207\u5728\u4e2d\u570b\u71df\u5546\u6709\u95dc\u7684\u98a8\u96aa\uff1b\u548c(6)\u6211\u5011\u5411\u7f8e\u570b\u8b49\u5238\u4ea4\u6613\u59d4\u54e1\u6703\uff08SEC\uff09\u63d0\u4ea4\u7684\u6700\u65b0\u5e74\u5831\u548c\u5b63\u5831\u4ee5\u53ca\u5176\u4ed6\u5831\u544a\u4e2d\u6307\u51fa\u7684\u5176\u4ed6\u56e0\u7d20\u3002\u6211\u5011\u9810\u8a08\u5f8c\u7e8c\u4e8b\u4ef6\u548c\u767c\u5c55\u5c07\u5c0e\u81f4\u6211\u5011\u7684\u9810\u671f\u548c\u5047\u8a2d\u6539\u8b8a\uff0c\u4f46\u9664\u6cd5\u5f8b\u8981\u6c42\u4e4b\u5916\uff0c\u4e0d\u8ad6\u662f\u51fa\u65bc\u65b0\u4fe1\u606f\u3001\u672a\u4f86\u4e8b\u4ef6\u6216\u5176\u4ed6\u539f\u56e0\uff0c\u6211\u5011\u5747\u7121\u7fa9\u52d9\u66f4\u65b0\u6216\u4fee\u8a02\u4efb\u4f55\u524d\u77bb\u6027\u9673\u8ff0\u3002\u8a72\u7b49\u524d\u77bb\u6027\u9673\u8ff0\u4e0d\u61c9\u88ab\u8996\u70ba\u6211\u5011\u5728\u672c\u65b0\u805e\u7a3f\u767c\u5e03\u4e4b\u65e5\u5f8c\u4efb\u4f55\u65e5\u671f\u7684\u610f\u898b\u800c\u52a0\u4ee5\u4fe1\u8cf4\u3002<\/p>\n<p>\u5982\u9700\u67e5\u95b1\u516c\u53f8\u5411SEC\u63d0\u4ea4\u7684\u6587\u4ef6\uff0c\u8acb\u8a2a\u554f\u516c\u53f8\u7db2\u7ad9<a href=\"https:\/\/www.zailaboratory.com\/\" target=\"_blank\" rel=\"noopener\">www.zailaboratory.com<\/a>\u548cSEC\u7db2\u7ad9<a href=\"https:\/\/www.sec.gov\/\" target=\"_blank\" rel=\"noopener\">www.SEC.gov<\/a>\u3002<\/p>\n<p>\u00a0<\/p>\n<div>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u518d\u9f0e\u91ab\u85e5\u6709\u9650\u516c\u53f8 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u672a\u7d93\u5be9\u8a08\u7c21\u660e\u5408\u4e26\u8cc7\u7522\u8ca0\u50b5\u8868 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \uff08\u4ee5\u5343\u7f8e\u5143\u8a08\uff0c\u80a1\u4efd\u6578\u76ee\u53ca\u6bcf\u80a1\u6578\u64da\u9664\u5916\uff09 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 2025 \u5e74 3 \u6708 31 \u65e5 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 2024 \u5e74 12 \u6708 31<br \/> \u65e5 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u8cc7\u7522 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u6d41\u52d5\u8cc7\u7522 <\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u73fe\u91d1\u53ca\u73fe\u91d1\u7b49\u50f9\u7269<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">757,263<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">449,667<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u6d41\u52d5\u53d7\u9650\u5236\u73fe\u91d1<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">100,000<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">100,000<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u77ed\u671f\u6295\u8cc7<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u2014<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">330,000<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u61c9\u6536\u8cec\u6b3e\uff08\u5206\u5225\u7d93\u6263\u6e1b\u622a\u81f32025\u5e743\u670831\u65e5\u548c2024\u5e7412\u670831\u65e5\uff0c\u4fe1\u7528\u8667\u640d\u64a5\u509922\u5343\u7f8e<br \/>\u5143\u548c25\u5343\u7f8e\u5143\uff09<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">76,555<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">85,178<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u61c9\u6536\u7968\u64da<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">11,118<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">4,233<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u5b58\u8ca8\uff0c\u6de8\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">53,054<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">39,875<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u9810\u4ed8\u6b3e\u9805\u53ca\u5176\u4ed6\u6d41\u52d5\u8cc7\u7522<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">43,878<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">41,527<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u6d41\u52d5\u8cc7\u7522\u7e3d\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">1,041,868<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">1,050,480<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u975e\u6d41\u52d5\u53d7\u9650\u5236\u73fe\u91d1<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">1,113<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">1,114<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u7269\u696d\u53ca\u8a2d\u5099\uff0c\u6de8\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">49,654<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">47,961<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u7d93\u71df\u79df\u8cc3\u4f7f\u7528\u6b0a\u8cc7\u7522<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">19,081<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">21,496<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u571f\u5730\u4f7f\u7528\u6b0a\uff0c\u6de8\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">2,882<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">2,907<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u7121\u5f62\u8cc7\u7522\uff0c\u6de8\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">56,198<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">56,027<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u5176\u4ed6\u6d41\u52d5\u8cc7\u7522<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">2,534<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">5,768<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u8cc7\u7522\u7e3d\u984d <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 1,173,330 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 1,185,753 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u8ca0\u50b5\u53ca\u80a1\u6771\u6b0a\u76ca <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u6d41\u52d5\u8ca0\u50b5 <\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u61c9\u4ed8\u8cec\u6b3e<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">103,017<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">100,906<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u6d41\u52d5\u7d93\u71df\u79df\u8cc3\u8ca0\u50b5<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">6,574<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">8,048<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u77ed\u671f\u8ca0\u50b5<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">173,405<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">131,711<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u5176\u4ed6\u6d41\u52d5\u8ca0\u50b5<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">36,811<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">58,720<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u6d41\u52d5\u8ca0\u50b5\u7e3d\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">319,807<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">299,385<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u905e\u5ef6\u6536\u76ca<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">30,126<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">31,433<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u975e\u6d41\u52d5\u7d93\u71df\u79df\u8cc3\u8ca0\u50b5<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">12,319<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">13,712<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u5176\u4ed6\u975e\u6d41\u52d5\u8ca0\u50b5<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">325<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">325<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u8ca0\u50b5\u7e3d\u984d <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 362,577 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 344,855 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u627f\u8afe\u53ca\u6216\u6709\u4e8b\u9805 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u80a1\u6771\u6b0a\u76ca <\/span> <\/p>\n<p class=\"prnml40\"> <span class=\"prnews_span\">\u666e\u901a\u80a1 (\u6bcf\u80a1\u9762\u503c0.000006\u7f8e\u5143; 5,000,000,000\u80a1\u6cd5\u5b9a\u80a1\u672c\u80a1\u4efd; \u622a\u81f32025\u5e743\u670831\u65e5<br \/>\u53ca2024\u5e7412\u670831\u65e5\u5df2\u767c\u884c\u80a1\u4efd\u6578\u5206\u5225\u70ba1,089,076,400\u80a1\u53ca1,082,614,740\u80a1; \u622a\u81f3<br \/>2025\u5e743\u670831\u65e5\u53ca2024\u5e7412\u670831\u65e5\u767c\u884c\u5728\u5916\u80a1\u4efd\u6578\u5206\u5225\u70ba1,084,164,200<br \/>\u80a1\u53ca1,077,702,540\u80a1)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">7<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">7<\/span> <\/p>\n<p class=\"prnml40\"> <span class=\"prnews_span\">\u8cc7\u672c\u516c\u7a4d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">3,283,800<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">3,264,295<\/span> <\/p>\n<p class=\"prnml40\"> <span class=\"prnews_span\">\u7d2f\u8a08\u8667\u640d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(2,501,521)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(2,453,083)<\/span> <\/p>\n<p class=\"prnml40\"> <span class=\"prnews_span\">\u7d2f\u8a08\u5176\u4ed6\u7d9c\u5408\u6536\u76ca<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">49,303<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">50,515<\/span> <\/p>\n<p class=\"prnml40\"> <span class=\"prnews_span\">\u5eab\u5b58\u80a1 (\u6309\u6210\u672c\uff0c\u622a\u81f32025\u5e743\u670831\u65e5\u53ca2024\u5e7412\u670831\u65e5\u5747\u70ba4,912,200\u80a1)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(20,836)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(20,836)<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u80a1\u6771\u6b0a\u76ca\u7e3d\u984d <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 810,753 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 840,898 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u8ca0\u50b5\u53ca\u80a1\u6771\u6b0a\u76ca\u7e3d\u984d <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 1,173,330 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 1,185,753 <\/span> <\/p>\n<\/div>\n<p class=\"prntal\">\u00a0<\/p>\n<p>\u00a0<\/p>\n<div>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u518d\u9f0e\u91ab\u85e5\u6709\u9650\u516c\u53f8 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u672a\u7d93\u5be9\u8a08\u7c21\u660e\u5408\u4e26\u7d93\u71df\u8868 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \uff08\u4ee5\u5343\u7f8e\u5143\u8a08\uff0c\u80a1\u4efd\u6578\u76ee\u53ca\u6bcf\u80a1\u6578\u64da\u9664\u5916\uff09 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u622a\u81f3 3 \u6708 31 \u65e5\u6b62\u4e09\u500b\u6708 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 2025 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 2024 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u6536\u5165<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u7522\u54c1\u6536\u5165\uff0c\u6de8\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">105,650<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">87,149<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u5408\u4f5c\u6536\u5165<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">837<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u2014<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u7e3d\u6536\u5165<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">106,487<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">87,149<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u958b\u652f<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u7522\u54c1\u6536\u5165\u7684\u6210\u672c<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(38,452)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(33,619)<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u5408\u4f5c\u6536\u5165\u7684\u6210\u672c<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(195)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u2014<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u7814\u767c<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(60,729)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(54,645)<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u92b7\u552e\uff0c\u4e00\u822c\u53ca\u884c\u653f<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(63,422)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(69,194)<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u7d93\u71df\u8667\u640d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(56,311)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(70,309)<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u5229\u606f\u6536\u5165<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">8,606<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">9,658<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u5229\u606f\u652f\u51fa<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(1,187)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(113)<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u532f\u514c\u6536\u76ca\uff08\u640d\u5931\uff09<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">651<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(2,068)<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u5176\u4ed6\uff08\u652f\u51fa\uff09\u6536\u5165\uff0c\u6de8\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(197)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">9,361<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u6240\u5f97\u7a05\u524d\u8667\u640d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(48,438)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(53,471)<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u6240\u5f97\u7a05\u8cbb\u7528<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u2014<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u2014<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u8667\u640d\u6de8\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(48,438)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(53,471)<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u6bcf\u80a1\u8667\u640d &#8211; \u57fa\u672c\u53ca\u6524\u8584<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(0.04)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(0.05)<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u7528\u65bc\u8a08\u7b97\u6bcf\u80a1\u666e\u901a\u80a1\u6de8\u8667\u640d\u7684\u52a0\u6b0a\u5e73\u5747\u80a1\u4efd\u6578 -\u57fa\u672c\u53ca\u6524\u8584<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">1,080,825,300<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">973,145,760<\/span> <\/p>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u518d\u9f0e\u91ab\u85e5\u6709\u9650\u516c\u53f8 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u672a\u7d93\u5be9\u8a08\u7c21\u660e\u5408\u4e26\u7d9c\u5408\u8667\u640d\u8868 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \uff08\u4ee5\u5343\u7f8e\u5143\u8a08\uff09 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u622a\u81f3 3 \u6708 31 \u65e5\u6b62\u4e09\u500b\u6708 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 2025 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 2024 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u8667\u640d\u6de8\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(48,438)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(53,471)<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u5176\u4ed6\u7d9c\u5408\u6536\u76ca\uff0c\u6263\u9664\u96f6\u7a05\u9805<\/span> <\/p>\n<p class=\"prnml20\"> <span class=\"prnews_span\">\u5916\u5e63\u63db\u7b97\u8abf\u6574<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(1,212)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">1,542<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u7d9c\u5408\u8667\u640d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(49,650)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(51,929)<\/span> <\/p>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<div>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u518d\u9f0e\u91ab\u85e5\u6709\u9650\u516c\u53f8 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u6307\u6a19 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \uff08\u672a\u7d93\u5be9\u8a08\uff09 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \uff08\u4ee5\u5343\u7f8e\u5143\u8a08\uff09 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">  \u6309\u56fa\u5b9a\u532f\u7387\uff08   CER   \uff09\u8a08\u7b97\u7684\u589e\u9577  <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u622a\u81f3 3 \u6708 31 \u65e5\u6b62\u4e09\u500b\u6708 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u540c\u6bd4\u589e\u9577 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 2025 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 2024 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u5831\u544a\u6578 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u6309\u56fa\u5b9a\u532f\u7387 * <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u7522\u54c1\u6536\u5165\uff0c\u6de8\u984d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">105,650<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">87,149<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">21\u00a0%<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">23\u00a0%<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u7d93\u71df\u8667\u640d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(56,311)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(70,309)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(20)\u00a0%<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(20)\u00a0%<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> * \u6309\u56fa\u5b9a\u532f\u7387\u8a08\u7b97\u7684\u589e\u9577\u7387\u662f\u57fa\u65bc\u7576\u524d\u548c\u4e0a\u5e74\u540c\u671f\u63a1\u7528\u76f8\u540c\u5916\u5e63\u532f\u7387\u7684\u5047\u8a2d\u8a08\u7b97\u5f97\u51fa\u3002 <\/span> <\/p>\n<\/div>\n<p>\u00a0<\/p>\n<div>\n<p class=\"prnml4\"> <span class=\"prnews_span\">  \u7d93\u71df\u8667\u640d\uff08\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\uff09\u8207\u8abf\u6574\u5f8c\u7d93\u71df\u8667\u640d\uff08\u975e\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\uff09\u7684\u5c0d\u6bd4  <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> \u622a\u81f3 3 \u6708 31 \u65e5\u6b62\u4e09\u500b\u6708 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 2025 <\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\"> 2024 <\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u7f8e\u570b\u516c\u8a8d\u6703\u8a08\u6e96\u5247\u7d93\u71df\u8667\u640d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(56,311)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(70,309)<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u52a0\uff1a\u6298\u820a\u548c\u6524\u92b7<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">3,458<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">3,012<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">\u00a0\u52a0\uff1a\u4ee5\u80a1\u4efd\u70ba\u57fa\u790e\u7684\u916c\u91d1<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">15,800<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">17,980<\/span> <\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">Adjusted loss from operations\u8abf\u6574\u5f8c\u7d93\u71df\u8667\u640d<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(37,053)<\/span> <\/p>\n<p><\/p>\n<p class=\"prnml4\"> <span class=\"prnews_span\">(49,317)<\/span> <\/p>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>2025 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u7e3d\u6536\u5165\u70ba 1.065 \u5104\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u9577 22% \uff1b\u91cd\u7533\u4e86\u00a02025\u5e745.60\u5104\u81f35.90\u5104\u7f8e\u5143\u7684\u5168\u5e74\u6536\u5165\u6307\u5f15 \u7d93\u71df\u8667\u640d\u986f\u8457\u6539\u5584\uff0c 2025 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u70ba 5,630 \u842c\u7f8e\u5143\uff0c\u540c\u6bd4\u4e0b\u964d 20% \uff0c\u8abf\u6574\u5f8c\u7684\u7d93\u71df\u8667\u640d\u4e0b\u964d 25% \u81f3 3,710 \u842c\u7f8e\u5143\uff1b\u6b63\u7a69\u6b65\u9081\u5411 2025 \u5e74\u7b2c\u56db\u5b63\u5ea6\u5be6\u73fe\u76c8\u5229[ 1] \u7684\u76ee\u6a19 ZL-1310 \uff08\u9776\u5411 DLL3 \u7684\u6297\u9ad4\u85e5\u7269\u5076\u806f\u7269\uff09\u6b63\u5728\u5feb\u901f\u63a8\u9032\uff0c\u5373\u5c07\u5728 2025 \u5e74\u7f8e\u570b\u81e8\u5e8a\u816b\u7624\u5b78\u6703\uff08 ASCO \uff09\u5e74\u6703\u4e0a\u516c\u5e03\u7528\u65bc\u5ee3\u6cdb\u671f\u5c0f\u7d30\u80de\u80ba\u764c\uff08 ES-SCLC \uff09\u7684\u76f8 &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"\u518d\u9f0e\u91ab\u85e5\u516c\u5e03 2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8ca1\u52d9\u696d\u7e3e\u548c\u8fd1\u671f\u516c\u53f8\u9032\u5c55\" class=\"read-more button\" href=\"https:\/\/www.franchise.com.hk\/zh-hans\/%e5%86%8d%e9%bc%8e%e9%86%ab%e8%97%a5%e5%85%ac%e5%b8%83-2025%e5%b9%b4%e7%ac%ac%e4%b8%80%e5%ad%a3%e5%ba%a6%e8%b2%a1%e5%8b%99%e6%a5%ad%e7%b8%be%e5%92%8c%e8%bf%91%e6%9c%9f%e5%85%ac%e5%8f%b8%e9%80%b2\/26006#more-26006\" aria-label=\"\u66f4\u591a \u518d\u9f0e\u91ab\u85e5\u516c\u5e03 2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8ca1\u52d9\u696d\u7e3e\u548c\u8fd1\u671f\u516c\u53f8\u9032\u5c55\">\u4e86\u89e3\u8a73\u60c5<\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_generate-full-width-content":"","spay_email":"","footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u518d\u9f0e\u91ab\u85e5\u516c\u5e03 2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8ca1\u52d9\u696d\u7e3e\u548c\u8fd1\u671f\u516c\u53f8\u9032\u5c55 - \u9999\u6e2f\u7279\u8a31\u7d93\u71df<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.franchise.com.hk\/zh-hans\/%e5%86%8d%e9%bc%8e%e9%86%ab%e8%97%a5%e5%85%ac%e5%b8%83-2025%e5%b9%b4%e7%ac%ac%e4%b8%80%e5%ad%a3%e5%ba%a6%e8%b2%a1%e5%8b%99%e6%a5%ad%e7%b8%be%e5%92%8c%e8%bf%91%e6%9c%9f%e5%85%ac%e5%8f%b8%e9%80%b2\/26006\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u518d\u9f0e\u91ab\u85e5\u516c\u5e03 2025\u5e74\u7b2c\u4e00\u5b63\u5ea6\u8ca1\u52d9\u696d\u7e3e\u548c\u8fd1\u671f\u516c\u53f8\u9032\u5c55 - \u9999\u6e2f\u7279\u8a31\u7d93\u71df\" \/>\n<meta property=\"og:description\" content=\"2025 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u7e3d\u6536\u5165\u70ba 1.065 \u5104\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u9577 22% \uff1b\u91cd\u7533\u4e86\u00a02025\u5e745.60\u5104\u81f35.90\u5104\u7f8e\u5143\u7684\u5168\u5e74\u6536\u5165\u6307\u5f15 \u7d93\u71df\u8667\u640d\u986f\u8457\u6539\u5584\uff0c 2025 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u70ba 5,630 \u842c\u7f8e\u5143\uff0c\u540c\u6bd4\u4e0b\u964d 20% \uff0c\u8abf\u6574\u5f8c\u7684\u7d93\u71df\u8667\u640d\u4e0b\u964d 25% \u81f3 3,710 \u842c\u7f8e\u5143\uff1b\u6b63\u7a69\u6b65\u9081\u5411 2025 \u5e74\u7b2c\u56db\u5b63\u5ea6\u5be6\u73fe\u76c8\u5229[ 1] \u7684\u76ee\u6a19 ZL-1310 \uff08\u9776\u5411 DLL3 \u7684\u6297\u9ad4\u85e5\u7269\u5076\u806f\u7269\uff09\u6b63\u5728\u5feb\u901f\u63a8\u9032\uff0c\u5373\u5c07\u5728 2025 \u5e74\u7f8e\u570b\u81e8\u5e8a\u816b\u7624\u5b78\u6703\uff08 ASCO \uff09\u5e74\u6703\u4e0a\u516c\u5e03\u7528\u65bc\u5ee3\u6cdb\u671f\u5c0f\u7d30\u80de\u80ba\u764c\uff08 ES-SCLC \uff09\u7684\u76f8 ... \u4e86\u89e3\u8a73\u60c5\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.franchise.com.hk\/zh-hans\/%e5%86%8d%e9%bc%8e%e9%86%ab%e8%97%a5%e5%85%ac%e5%b8%83-2025%e5%b9%b4%e7%ac%ac%e4%b8%80%e5%ad%a3%e5%ba%a6%e8%b2%a1%e5%8b%99%e6%a5%ad%e7%b8%be%e5%92%8c%e8%bf%91%e6%9c%9f%e5%85%ac%e5%8f%b8%e9%80%b2\/26006\" \/>\n<meta property=\"og:site_name\" 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